S.C. Code § 12-6-2300
Current through 2024 Act No. 209.
A business incorporated in a foreign country is required to apportion only United States source income as determined for federal purposes on Form 1120F if elected. No change in the election may be made without permission of the department. Income must be apportioned using rules provided for apportionment in this chapter.
S.C. Code § 12-6-2300